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Comvest leads SMART Financial refinancing


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Comvest leads SMART Financial refinancing

Comvest Credit Partners led the $80.0 million refinancing of SMART Financial Operations LLC.

SMART, which operates more than 60 pawn stores across the U.S. and Canada, will use the proceeds from the senior credit facility to refinance its existing debt and support its planned expansion.

Comvest Credit Partners also acted as administrative agent for the facility. The company is the direct lending arm of private investment firm Comvest Partners, which provides equity and debt to U.S. middle-market companies.